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Nov 21, 2024
BofA calls Comcast's cable network spin-off “strategic step”
- BofA analyst on Thursday said Comcast Corp (NASDAQ:CMCSA) decision to spin off its cable networks, excluding Bravo, and some digital assets into a separate company,...
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Nov 21, 2024
Two Sigma to cut 200 jobs after review - Bloomberg
NEW YORK - Two Sigma Investments, a prominent hedge fund, is set to reduce its workforce by approximately 200 employees, a move that comes after a comprehensive business review by...
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Nov 21, 2024
Palo Alto initial negative stock reaction 'overblown' Wedbush says
Palo Alto Networks reported strong first-quarter results, but initial market reactions to its conservative guidance may not fully capture the company's positive...
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Nov 21, 2024
Mercedes to cut costs by billions per year as China weakens - report
Mercedes-Benz (OTC:MBGAF) is taking steps to reduce costs by billions of euros annually in response to ongoing difficulties in the global automotive market, the...
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Nov 21, 2024
PayPal resolves system issue affecting API calls
SAN JOSE - PayPal Holdings Inc (NASDAQ:PYPL). has resolved a system issue that impacted multiple products within its production environment. The company experienced a significant...
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Nov 21, 2024
Exxon, under fire over plastic recycling, spending $200 million to expand Texas plants
By Erwin Seba HOUSTON (Reuters) - Exxon Mobil Corp (NYSE:XOM), which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics...
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Nov 21, 2024
Mercedes plans to cut costs by several billion euros per year, reports Handelsblatt
BERLIN (Reuters) - Mercedes-Benz (OTC:MBGAF) plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a...
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Nov 21, 2024
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.23%
– Saudi Arabia stocks were lower after the close on Thursday, as losses in the Energy & Utilities, Agriculture & Food and Transport sectors led shares lower. At the...
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Nov 21, 2024
Logitech shares rise on UBS upgrade
Shares of Logitech (SIX:LOGN) (NASDAQ:LOGI) International rose on Thursday following an upgrade by UBS analysts to a "neutral" rating from a "sell” rating. The...
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Nov 21, 2024
TSMC, ASEH, KYEC and Unimicron to benefit from Nvidia results: Citi
Citi analysts highlighted the strong implications of Nvidia’s recent earnings results for key supply chain partners, including TSMC, ASEH, KYEC, and Unimicron, in...
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